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Gerrards Close, London N14 - Image 1
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Gerrards Close, London N14

London

£425,000
Listed on 16/10/2025

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom ground floor flat presents a promising opportunity for renovation and investment in a well-connected neighborhood. Located in an area that benefits from robust public transport options, reputable schools, and a variety of local shops, this property is particularly appealing to first-time buyers and investors who are looking to enhance its value through thoughtful updates. The flat features two spacious double bedrooms, which provide ample accommodation for residents. The interior space includes a reception room that serves as a welcoming area for relaxation or social gatherings. The kitchen, while in need of modernization, is well-sized and filled with natural light, making it an inviting spot for meal preparation. A noteworthy advantage of this property is the private garden—an uncommon feature for flats—which offers significant potential. This outdoor space can be transformed into an ideal setting for entertaining, gardening, or creating a safe play area for children. With the combination of excellent transport links, proximity to essential amenities, and the chance to tailor the interiors to your taste, this property not only caters to immediate housing needs but also holds substantial investment potential. Viewing the flat will provide a clearer understanding of how you can maximize its appeal and functionality. Don't miss the opportunity to explore this property and envision how it can meet your personal or investment goals.

Investment Analysis

(N14 area)
Area Average
£600/sq ft
Avg Rent (weekly)
£465
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (N14)

Area prices are rising by +13.5% over the last 12 months
3 year growth: -2.2%
5 year growth: 9.7%
Investment Disclaimer: Analysis based on N14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Gerrards Close, London N14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE